The recovery of the price of silver slowed down in the past week; it finished the week above the $21 mark – silver’s highest level since mid-March. But the upcoming non-farm payroll report could change the course of this precious…
Gold and silver slightly rose last week and thus rallied in the past four consecutive weeks. During last week, the U.S GDP growth rate was revised down to -2.9%. This news may have contributed to the recovery of precious metals…
The energy commodities markets cooled down during last week as oil and natural gas prices changed course and fell. Precious metals remained virtually unchanged. This week, in the U.S several economic reports will be published including non-farm payroll, manufacturing and…
The bullion market didn’t do much during last week, after silver and gold rallied for three consecutive weeks. Despite their slow movement, both gold and silver ended the week with modest gains. The main news from last week was the…
In the past several weeks the gold market has slowly recovered as the price of gold reached its highest level since mid-April. Nonetheless, the demand for gold ETFs ETFs keeps slowly contracting. Is the gold market heating up? Also, how…
The silver market continued to heat up last week and thus closed a third straight week of gains. The latest FOMC meeting concluded with no significant changes to its policy but the overtone of the FOMC statement and Chair Yellen’s…
The prices of gold and silver resumed their upward trend at the end of last week following the FOMC meeting. The FOMC’s statement had a general dovish overtone; Chair Yellen also kept the tight lid on the Fed’s future plans…
Last week’s FOMC meeting concluded with more dovish tone than many had expected. This news may have contributed to the recovery of precious metals and slightly rally of the USD. This week, several key reports will be released that could…
Are gold and silver making a comeback? Investors of precious metals saw metals recovering for the third week in a row. This time, the FOMC meeting concluded with little movement in the bullion market. The next day, in a late…
The recent FOMC meeting concluded with an expected tapering of QE3 by $10 billion. This was the fifth tapering for the Fed and as a result the current asset purchase shrinks to $35 billion a month. This news, however, seems…